Playtech In First Shares Re-purchase Move (update)

Company buys back 780,000 shares

Playtech's advisory earlier this week that it is to embark on a Euro 50 million share re-purchase initiative has been quickly followed by a notification from the company that it has bought an initial tranche of 780,000 shares at prices ranging between 797.75 and 816.63.
The volume weighted average price paid per ordinary share was 807.79.
The Playtech advisory reiterated that the repurchased shares will be cancelled, resulting in the total number of ordinary shares with voting rights at 321,844,603, which may be used by shareholders as the denominator for the calculations by which they will made decisions on their obligations to notify changes in their investments.
UPDATE:
Playtech advised on the following day that it had re-purchased a further 320,000 shares on the LSE at prices between 797.00 and 813.00 – a weighted average price per share of 802.31.

Online Casino News Courtesy of Infopowa

About the Author... Total Posts Written: 9,449
Casinomeister

Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
bryan@casinomeister.com

See More Posts